• Global stocks, commodities tumble; emerging markets hit as dollar rises, yuan falls

    1 month ago - By Reuters

    Equities around the world took a dive on Wednesday, with emerging market stocks set to confirm a bear market and the dollar hitting a 13-month high, while weakness in China's yuan rattled investors' nerves.
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  • 'Getting the dollar wrong is deadly': A rapid rise in the dollar could cause a domino effect across emerging markets

    'Getting the dollar wrong is deadly': A rapid rise in the dollar could cause a domino effect across emerging markets

    1 month ago - By Business Insider

    The US dollar has already been rallying this year, which puts emerging markets with dollar-denominated debt in a hard position.
    A currency crisis in Turkey could lead to a "rapid appreciation," analysts warn.
    Follow the dollar in real time here.
    A rallying US dollar has been clobbering emerging market currencies this year, and analysts warn it could soon appreciate further and faster.
    "The dollar right now is a flat-track bully, really," Deutsche Bank macro strategist Alan Ruskin said Wednesday on CNBC. "It's just knocking over every weak currency it can find."
    The greenback is up more...
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